Monday, July 11, 2011
grim scenarios
Friends we are seeing grim scenarios. Basically, there is no recovery. That is obvious to most investors now. People, things are getting a bit grim. Fact is, we are sinking back into a major recession. Government help such as unemployment assistance, food stamps, and disability, make up approx 20% of what americans spent in the previous year. Like this did help prop up our economy. Well, there will soon be cut backs by our gov. That means less money. Yeah, not just less money for roads and bridges, but also for social security and other government programs. Expect a major reduction in available social services.
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